The Latest

October 10, 2019

China’s NEA forms new corporate social credit committee for the power sector

The committee will work to establish social credit standards for companies involved in power supply and generation, electrical power infrastructure and power market transactions.

October 8, 2019

Corporate social credit records to be used as basis for China’s SME loans

China’s central government is stepping up its focus on Xinyidai 信易贷, a government-backed initiative to use social credit data to support loan financing for SMEs.

September 27, 2019

Xinhua launches English-language corporate social credit reporting portal

The launch provides one of the first channels through which non-Chinese-speakers can gain partial access to corporate social credit data.

September 24, 2019

Henan legislators reign in excessive use of blacklisting

In the run-up to the official release of Henan Province’s social credit policy, legislators are restricting the type of information that can be used as a basis for punishment under the local social credit system.

September 23, 2019

Hangzhou court uses WeChat mini-program to offer bounties for information leading to recovery of unpaid fines

The scheme intends to name and shame “court defaulters”, individuals and companies who have been blacklisted for outstanding legal debts.

September 18, 2019

A look at the details: How Hebei calculates corporate social credit for construction procurement bidding

With similar calculation schemes being released across many sectors nation-wide, these points systems give us an interesting window into how corporate social credit will impact a company’s success or failure in government procurement.

September 17, 2019

Big news: Central government completes first round of corporate social credit ratings

China’s central government has completed its first credit evaluation of 33 million Chinese businesses.

September 13, 2019

Hainan standardizes corporate blacklisting system’s repercussions for government procurement

The government of Hainan is standardizing social credit’s relationship to government procurement bidding by rolling out a color-coded categorization model for blacklists and redlists.

September 6, 2019

Social credit and fintech: China pushes out new policies to regulate online P2P lending

The new measures are aimed at cracking down on debt evasion in the online space.

September 2, 2019

China’s national government takes steps to implement stronger top-down standardization of the social credit system.

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